'Rich Dad Poor Dad' Author Issues Crucial Bitcoin-Vs-Fed Statement
Robert Kiyosaki, a major Bitcoin supporter and educational entrepreneur, also famous for his popular financial literacy book “Rich Dad Poor Dad,” has released an important statement on the Federal Reserve and the world’s flagship cryptocurrency.
KIYOSAKI SHARES HIS VIEWPOINT
The investor shared his disapproval of the US Fed in his recent tweet by ironically criticizing it (contrary to the popular advice to "don't fight the Fed") and urging his community of 2 million people to buy Bitcoin, as well as silver and gold.
This tweet follows another recent message from Kiyosaki posted this week. On February 15, the financial guru (as many call him Kiyosaki) tweeted that he believed it was much wiser to trust Bitcoin rather than the Fed.
He explained the reasons for his dissatisfaction with the American central bank. Kiyosaki believes that the Fed is a major problem for the US economy because it has destroyed it. It also “impoverished the poor and middle class and saved their rich banker friends,” according to his tweet posted Thursday.
Robert Kiyosaki calls on his supporters to pay less attention to what the Fed says or does and instead rely on Bitcoin as a safe haven.
“BITCOIN WILL TAKE OFF, GOLD WILL COLLAPSE”: KIYOSAKI
Earlier this week, the investor predicted that Bitcoin would take off since banks are not buying U.S. Treasuries and instead prefer to stock up on gold. Kiyosaki believes that gold will return below the $1,200 level in the near future – this is another reason he gave to justify his expectations that the price of Bitcoin will rise soon.
